Energy

News, analysis and comment from on Egypt’s and the global energy markets from the Daily News Egypt, Egyptʼs leading publication.
Latest Energy News

Gas prices continue to decline due to oversupply in world markets

US cuts gas rigs to 144, as production reaches 2.39trn scf

Mohamed Adel

Vestas closest to win Gulf of Suez wind farm tender, Siemens likely excluded

Three companies were competing for the project, including Vestas, Siemens Gamesa, and…

Mohamed Farag

Rosatom floats 20 tenders for facilities and needs of Dabaa Nuclear Plant

Two contracts to be awarded before the end of 2019, company signed…

Mohamed Farag

SCZone to deliver 500,000 sqm of Russian industrial zone end-2019

Negotiations with DP World to develop 40 sqkm in Ain Sokhna

Mohamed Mostafa

Egypt cuts natural gas production by 1bn scf/day after achieving surplus

Local market gas needs fall to 6bn scf, says source

Mohamed Adel

Production of Burullus, Rashid fields increase to 290m scf/day

Linking 80m cubic feet from the second well in stage 9B, according…

Mohamed Adel

12 companies qualify to implement solar power plants in NAC

The list includes Orascom, El Sewedy, Infinity, Ibn Omairah, and Light Source,…

Mohamed Farag

Israeli gas exports to Egypt to increase to 85.3 bcm over 15 years

Exports from Leviathan to start 1 January 2020, from Tamar to start…

Mohamed Samir

Government stabilises fuel prices as hedging contracts defy oil fluctuations

A government source told Daily News Egypt that the government has fixed…

Mohamed Adel

Electricity Ministry cancels Al-Nowais’s Oyoun Mousa power plant agreement

Both sides in negotiation to launch renewable energy projects with 500MW capacity

Mohamed Farag